$ETC/USD Breakout trade setup (BULLISH)

26 Şub 2018

ETC has the callisto airdrop March 5th. Noticed we are forming a symmetrical triangle here, and given a breakout, $60-70 will be the target within 10 days.

The trade is only validated upon breakout of the triangle which is looking like a good possibility now. Enter upon confirmation.

Breakdown of this triangle will invalidate the trade. Entering the trade now is risky but if you do, stop is set just under the recent swing low within the triangle.

Cheers!

26 Şub 2018

Not

so far so good. Entered the trade with a small position @34.5 with a stop at 32.5

adding on confirmation of a breakout

26 Şub 2018

Not

correction... trade entered @33.3 with a stop of 32.5 ( super tight stop as we are hugging the trendline)

26 Şub 2018

Not

Trend line is holding up nicely. BTC charts looking might good as well. However, things can change very quick so dont marry your bias. SET STOPS just incase.

26 Şub 2018

Not

BTC chart.... repeat of last run with 100% potential before the airdrop? Wouldnt surprise https://me.https://www.tradingview.com/x/hDR5PgU4/

26 Şub 2018

Not

27 Şub 2018

Not

So far so good. Volume kinda low but it just started peeking above that trendlinie

27 Şub 2018

Not

AM! nice volume on that breakout! TRADE IS ON